Norwich Union – the UK’s largest insurer - is delighted to have been selected as a financial services provider by Mortgage Force, a UK national and independent mortgage franchise operation.
Norwich Union – the UK’s largest insurer - is delighted to have been selected as a financial services provider by Mortgage Force, a UK national and independent mortgage franchise operation.
This is an exclusive arrangement with Mortgage Force through which Mortgage Force franchisees will use Norwich Union’s non- regulated life products.
Mortgage Force launched in the UK in February and provides a mortgage broking platform for mortgage practitioners including technology solutions, mortgage code compliance, professional training and mortgage placing facilities.
Crawford Murray, senior national business development manager, said: “We are very pleased to have been selected as the financial services provider. The strategic aim of Mortgage Force is to become a very significant player in the UK mortgage market with 400 franchisees over the next three to four years and Norwich Union is delighted to be a part of this.”
Robert Clifford, managing director of Mortgage Force, said: “We carried out an extensive analysis of the leading product providers before appointing Norwich Union, and our existing 30 franchised outlets are already seeing real benefits from the partnership with Norwich Union. We have surrounded ourselves with partner organisations who are ‘best of breed’ and have great plans for our multi-level relationship with Norwich Union.”
Notes to editors
- CGU plc and Norwich Union plc merged on 30 May 2000 to create CGNU plc, the UK’s largest insurance group and one of the top-five insurers in Europe with substantial positions in other markets around the world, making it the world’s sixth largest insurer based on gross worldwide premiums.
- CGNU’s principal business activities are long-term savings, fund management and general insurance, with worldwide premium income and retail investment sales from ongoing business of over Ł27 billion and assets under management of more than Ł200 billion.
- From October 2000, the combined life and pensions, general insurance and retail fund management businesses in the UK operate under the Norwich Union brand, while the institutional investment business operates under the Morley Fund Management brand.
- Norwich Union’s news releases are available on the internet on this site
- A selection of images are available from the CGNU Newscast site at www.newscast.co.uk
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